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Al Habtoor buys Vienna hotel

Bloomberg

Vienna’s Hotel Imperial, once Adolf Hitler’s favorite and now used by stars including Madonna and Mick Jagger, was bought by Dubai’s Al Habtoor Group LLC for $78.8 million. Starwood Hotels & Resorts Worldwide Inc. sold the 138-room property, which will continue to operate under its Luxury Collection brand, the Stamford, Connecticut-based company said in a statement on Tuesday. All of the rooms will be renovated as part of the deal. Vienna’s luxury-hotel market is expanding.

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